All that meme coins hype is cancer and harmful thing, people outside of the industry thinks that this is some kind of shit for kids and rugpulls
I agree with your thoughts but meme coins have been trending from 2021. In 2024 with a span of just 3 years there are too many meme coins that are being traded on big CEX like Binance. Earlier there were only two that were listed. Since people are investing in meme coins because of the hype the exchanges are listing them. Rug pull are common in any crypto project it is not that it is happening in meme coins only.